abhi s asked: (high forex reserves)especially in the event of the financial crisis?
also, how does it help a particular country if that country keeps its currency weak against the global currency like the dollar? what are the ways in which a country can artificially make its currency weak?
PRAYTOR
Economics
Developing Countries, Financial Crisis, Global Currency
Todd J asked:
I’m trying to trade forex on my own, with 3 strategies based primarily on technical analysis, supplemented by fundamental analysis. I’ve developed these strategies through homework, lots of reading and just a bunch of research. I bought a system in the past and got burned. Now I’m doing it myself. Does anyone know the honest average range of pips professional retail traders make every month? My impression was that they make an average 250-500 pips a month. Not to say they do that every month, it’s just the result when averaged out. Right now, after 2 months of trading, I’ve made a little over 200 pips and I’m hoping to maintain that and improve to the 250-500 pip average a month range. Is that realistic? Ideal? What should be my target monthly average to be a truly successful forex trader.
JAROSZ
Financial Services
Forex Trader, Fundamental Analysis, Target
rtz747 asked: Looking for at least 75 pips a week average with low downdraw.
Thank you for your advice.
DELPH
Investing
Forex Signal, Pips
asder b asked:
I have just opened my trading account and I am trying to decide on buying an autopilot forex trading software.
CLARDY
Investing
Forex Software, Trading Account, Trading Software
aishah a asked:
I plan to open a mini account with USD800. what leverage should i use? do i have the right to choose the leverage i want? i plan to start small….1:2 or 1:3.
i had played a demo account for 2 months. Current P/L is USD866.91 with USD3000 account. But i’m not sure what leverage i’m using.
i need to know wether i can choose the type of leverage each time i go trading.
MITSCHKE
Other - Business Finance
Current, Demo Account, Wether